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Key Takeaways:
- SSK is the first U.S.-listed ETF combining spot Solana and staking rewards.
- Anchorage Digital ensures secure custody and staking compliance.
- Strong market demand and SEC momentum may lead to more staking ETFs soon.
U.S. investors now have a new way to earn passive income from crypto. The newly launched REX-Osprey Solana Staking ETF (SSK) allows investors to gain regulated spot exposure to Solana (SOL) while earning staking rewards—making it the first of its kind in the United States.
This marks a significant leap for digital asset ETFs, combining token ownership benefits with native staking yields, all within a compliant investment structure.
Combining Spot Exposure and 7.3% Staking Yield
Unlike futures-based crypto ETFs, the REX-Osprey fund directly holds and stakes SOL tokens, offering a unique yield-generating proposition. At launch, the ETF advertised a 7.3% staking reward, leveraging Solana’s native consensus mechanism to generate returns.
This dual-advantage structure appeals to both institutional and retail investors seeking long-term exposure to Solana without the complexities of self-custody or direct staking.
Anchorage Digital Powers Secure Custody and Staking
The ETF has partnered with Anchorage Digital—a federally chartered digital asset bank—to serve as its sole custodian and staking provider. Anchorage’s infrastructure ensures regulatory compliance and secure asset management, giving the ETF a robust backbone for institutional adoption.
Anchorage CEO Nathan McCauley commented that staking is the “next chapter” in the crypto ETF journey, emphasizing the firm’s commitment to secure, transparent, and compliant crypto investing.
Market Reaction and Analyst Commentary
According to Bloomberg ETF analyst James Seyffart, the ETF opened strongly with over $8 million in trading volume during its first 20 minutes—an encouraging sign of demand. Analysts now expect this launch to open the floodgates for similar offerings.
Also Read: Solana (SOL) Eyes Breakout After Dip as Wallets Hit ATH and Bullish Futures Surge
Bloomberg further estimates a 95% chance of SEC approval for other Solana ETFs in 2025, matching Polymarket’s 99% probability. Companies like VanEck, Bitwise, Fidelity, Grayscale, and Franklin Templeton have already submitted Solana ETF applications, potentially signaling a new era of staking-focused investment vehicles.
The REX-Osprey Solana Staking ETF is a milestone for regulated crypto investing in the U.S. By offering spot Solana exposure along with staking rewards in a compliant wrapper, it sets a new precedent for digital asset ETFs.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
